So let's get this straight.
The French want the special bail out fund to provide money for the Greeks and others.
The Germans are refusing this.
The French want the ECB to buy all bonds from troubled countries
The Germans are refusing.
The ECB, say the Germans, cannot buy the bonds as it compromises their neutral stance and will not allow them to fight inflation when it comes, as it will.
The French will not agree.
Now the IMF may step in, which means the UK will be asked for money, which means we help to bail out the Euro eventhough we are not part of it.
This is what I said many weeks ago.
I REST MY CASE
This is a set up!!
The French want the special bail out fund to provide money for the Greeks and others.
The Germans are refusing this.
The French want the ECB to buy all bonds from troubled countries
The Germans are refusing.
The ECB, say the Germans, cannot buy the bonds as it compromises their neutral stance and will not allow them to fight inflation when it comes, as it will.
The French will not agree.
Now the IMF may step in, which means the UK will be asked for money, which means we help to bail out the Euro eventhough we are not part of it.
This is what I said many weeks ago.
I REST MY CASE
This is a set up!!
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